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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 87.63-3.9%3:59 PM EST
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To: Gary Wisdom who wrote (7801)10/2/1998 7:05:00 PM
From: REH  Read Replies (5) of 93625
 
"Basically, never buy Rambus above $60 and never sell it below $50 and you'll do fine"

I think that will be a good marker until November/December - then I think we need to adjust those numbers to 100/80

reh

ps I belive Mile High (now Dallas Low) is right though - individual investors do get sucked into the stock...waiting all day for it to drop more then see it climb then expect Monday pop then buy at the very end. If you try to buy 50-100K shares in bulk you can't get it at low prices and thus the MM's buy in small lots all day (I think)

reh
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